Lot 23 - The Castle, High Street, Blaina, Abertillery, NP13 3BN

  • Unconditional Online Auction Sale
  • Guide Price* : £100,000+
  • Bedrooms: 0

Addendum

This lot has been withdrawn from the auction.

Public House for Investment

Description

ONLINE AUCTION from 27th APRIL-29th APRIL

This three storey, mid terrace building is located in a prominent position on the High Street in Blaina. The property is surrounded by mixed use developments, including a number of cafes, a convenience store and hairdressers.

Until recently the property has been operating as Blaina’s Rugby Football Social Club, but has recently closed due to the owner's ill health.

The ground floor is comprised of a bar area, function room, two female wcs and one male wc. There are a number of large storage spaces and additionally there are numerous entry points to the building as well as numerous access points to the first floor.

The first floor consists of a large function room with a bar and stage. There is also a commercial kitchen, as well as a residential kitchen/ living room.

The top floor of the property has five large double bedrooms and a bathroom.

To the rear of the property is a garden, and to the side of the property there are a number of parking spaces.

We have been advised that this property may be suitable for development (subject to the necessary planning consent).

VIRTUAL TOUR

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Bar Area 1598.00 148.48
2 Female wc's & 1 Male wc
Function Room 932.90 86.67
Large Storge Cupboard 223.78 20.79
First Floor Function Room/Bar 2144.81 199.26
Kitchen 123.46 11.47
Living Room/Kitchen 261.56 24.3
Male & Female wc
Second Floor Bedroom 1 146.81 13.64
Bedroom 2 116.78 10.85
Bedroom 3 161.02 14.96
Bedroom 4 197.30 18.33
Bedroom 5 175.23 16.28
Bathroom 78.36 7.28
Outside Garden to rear, parking for in excess of three cars to the side

Tenancies

To be sold with vacant possession

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £975) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Debra Bisley

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